A view of the global economic system as one divided among certain industrialized nations that control wealth and developing countries that are controlled and exploited
Immanuel Wallerstein views the global economic system as divided between nations that control wealth and nations from which resources are taken. Through his world systems analysis, Wallerstein describes the unequal economic and political relationships in which certain industrialized nations dominate the core of the system. He suggests that poor developing countries are on the periphery of the world economic system, highlighting the exploitativerelationship of core nations toward non-core nations.
Functionalist View: Multinational corporations can help developing nations by bringing jobs and industry to areas where subsistence agriculture once prevailed
Conflict View: Multinational corporations exploit local workers to maximize profits
The social processes by which people come to define a group as a "race," based on physical characteristics and historical, cultural, and economic factors
The cumulative impact of oppression based on race, ethnicity, gender, social class, religion, sexual orientation, disability, age, and citizenship status